Mambu signs first Brazilian client Acesso
Mambu has signed its first Brazilian client, Acesso, the financial services company specialising in issuing and managing prepaid cards with a reputation for setting benchmarks in the country.
Founded in 2010, the company aims to provide access to financial services to 50 million unbanked and underbanked Brazilians. Acesso currently has over 500,000 active accounts.
Davi Holanda, CEO of Acesso, comments: “Our challenge is to not only continue to bring more Brazilians into the formal sector, but to change the way Brazilians interact with their financial service providers and give them more options, especially when making payments.”
“Mambu’s platform will allow us to provide the best modern digital financial experience to our customers while giving us the momentum to grow by offering a comprehensive product range and cementing our place in this country’s digital financial services sector,” Holanda points out.
According to a study by the Brazilian Central Bank, the volume of commercial transactions in debit and credit cards increased by 45% last year, and is expected to continue to grow.
